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The AI Data Gap causes problems for Small Financial Institutions

Global Banking & Finance

The AI Data Gap causes problems for Small Financial Institutions By Al Pascual, Cybercrime Expert, Founder, Inventor, and Advisor for BioCatch Artificial intelligence (AI) has been a crucial tool for financial institutions (FIs) in the fight against fraud for the last thirty years.

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Why financial institutions need to set KPIs for effective AML

Global Banking & Finance

Why financial institutions need to set KPIs for effective AML AML is weak if banks lack measures for success. They need to set KPIs By Gabriella Bussien, CEO at tech-first financial crime prevention organisation Trapets, a Nordic market leader that has been fighting emerging forms of financial crime for over 20 years.

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Here’s What Financial Institutions Are Missing When It Comes To CX

Global Banking & Finance

Here’s What Financial Institutions Are Missing When It Comes To CX By Elizabeth Tobey, Head of Marketing Digital Solutions, NICE As consumers demand more digital banking options and financial services, organizations grapple with uncertain global financial markets; it often feels like the banks have their hands tied.

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How the LEI Can Help Financial Institutions ‘Address’ a Growing Challenge in ISO 20022

Global Banking & Finance

How the LEI Can Help Financial Institutions ‘Address’ a Growing Challenge in ISO 20022 The vast complexity and inconsistency of address formats globally presents significant challenges for financial institutions.

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ESG data keeps on evolving, but are financial institutions keeping pace?

Global Banking & Finance

ESG data keeps on evolving, but are financial institutions keeping pace? By Yann Bloch, head of product and pre-sales Americas at NeoXam Earlier this month, Bloomberg published their much-anticipated annual European ESG Data Trends Survey report, carrying with it some fascinating findings on the current state of the market.

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Fraud Against Financial Institutions Calls for Tighter Security Measures Protecting Customers in 2024

Global Banking & Finance

Fraud Against Financial Institutions Calls for Tighter Security Measures Protecting Customers in 2024 In January 2024, Citigroup was sued for its weak security measures against fraud.

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Building a Secure Future: The DevSecOps Toolkit for Banking and Financial Institutions

Global Banking & Finance

Building a Secure Future: The DevSecOps Toolkit for Banking and Financial Institutions By Naveen Pakalapati 05 February 2024 Introduction In the fast-evolving digital landscape of banking and financial institutions, securing software development processes is paramount.